AR Management
CDM Management
Charge Capture
Contract Management
Credit Balance Automation
Denial Management
Patient Safety and Quality
Underpayment Recovery

A hospital's Charge Description Master (CDM) is the key to its greatest opportunity for revenue. Yet, hospitals lose an estimated 1% of annual revenue from inaccurate and outdated CDMs due to expanding services and evolving regulation, and pricing structures. Unfortunately, traditional approaches to managing the CDM, such as manual auditing, are costly and time intensive. Popular static rules-based software is generic and extremely restrictive because it only skims the surface, leaving a high potential for significant missed revenue opportunities.

Using a combination of analytics and hands-on charging expertise, MethodCare's CDM Solutions help hospitals drive a compliant and complete CDM. MethodCare's proven algorithms identify charge anomalies and validate new, deleted, and changed codes to ensure the CDM is up to date to guarantee compliance and system integrity. Our team partners with CDM owners to review and verify the relationships between charges, ensure standardized pricing and develop contract methodologies that help hospital systems chart a course to protect net revenue.

MethodCare's CDM Management Solution:

Reviews for deleted and inactive codes
Analyzes strategic pricing
Facilitates CDM standardization
Provides rational pricing standardization
Identifies defensible pricing standardization
Offers service line charge methodology

MethodCare's CDM Management Solution seamlessly integrates into our complete suite of revenue cycle solutions, including Charge Capture, Underpayment Recovery, Denial Management, Contract Management, Credit Balance Automation, AR Management, and Patient Safety and Quality.

MethodCare's Solutions are delivered as Software as a Service (SaaS), alleviating hospitals with the burden and cost for hardware, software maintenance, and ongoing operations and support.